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If the Investment Turnover Ratio Changes from 3

Question 31

Multiple Choice

If the investment turnover ratio changes from 3.3 times to 4.1 times then,no matter what other factors may change,this indicates that:


A) return on investment will be lower.
B) return on investment will be higher.
C) less sales are being generated relative to investment.
D) more sales are being generated relative to investment.

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